Which of the Following Statements Is True of a Global

question 96

Multiple Choice

Which of the following statements is true of a global strategy?

• A) The integration of markets is forcing companies that wish to remain successful to apply a domestic strategy.
• B) Companies have the option of remaining domestic or going multinational due to the integration of markets.
• C) Integration of markets is forcing companies that wish to remain successful not only to become multinationals but also to take a global perspective.
• D) A multidomestic strategy, as a competitive strategy, is inherently more vulnerable to risk than a domestic strategy or a global strategy.

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Definitions:

Payments

The action or process of paying someone or something, typically involving transferring money in exchange for goods or services.

Big Bank

A colloquial term often used to describe very large multinational banking and financial services corporations.

Capital Contribution

The act of injecting financial resources or assets into a company or partnership by its owners or partners.

Partnership Agreement

A contractual document among partners that outlines the terms, conditions, and operational procedures of a partnership business.